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Which of the following is not an insurance of indemnity

Which of the following is not an insurance of indemnity

A.

Life

B.

Marine

C.

Burglary

D.

Fire

View answer & explanation

Correct answer is A

Indemnity insurance is a contractual agreement in which one party guarantees compensation for actual or potential losses or damages sustained by another party. The life insurance is not part of indemnity insurance because life cannot be restored once lost.

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